Tuesday, 31 March 2015
Last updated 1 hour ago
Jul 2 2014 | 7:51am ET
Long/short corporate credit-specialist Global Credit Advisers has promoted Paul J. Accardi to chief financial officer.
In his new role, Accardi will continue to report to Brian L. Hessel, chief operating officer, chief risk officer and co-founder of GCA.
Accardi joined GCA in 2011 following two years at Shumway Capital Partners, where he most recently served as controller. Prior to Shumway, Accardi spent five years in public accounting, most recently as an asset management senior associate in Ernst & Young financial services office.
Said Hessel in a statement: “I am delighted to hand off the CFO responsibilities to Paul, who has worked tirelessly to improve the processes, controls and financial workings of our firm. Paul is a very talented financial professional who continues to enhance the value of our organization. We look forward to his continued contributions towards the success of GCA.”
Ahead of Accardi’s promotion, GCA hired Frank T. Pizzo as assistant controller in May. Pizzo joined GCA from Ernst & Young, where he was an asset management senior associate in its financial services office.
GCA is a New York-based long/short corporate credit investment manager focused on high-yield and distressed assets. GCA was founded and launched its fund in 2008. The firm has approximately $700 million in assets under management.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…